How does Celsius provide interest on Tether deposits?

3 answers

• Dyhr FiskerFeb 19, 2024 · 2 years ago
  Celsius provides interest on Tether deposits by lending out the deposited Tether to borrowers. The interest earned from these loans is then distributed to users who have deposited Tether into their Celsius accounts. This allows Celsius to generate revenue and share it with its users in the form of interest. It's a win-win situation for both Celsius and its users!
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• Bennett OdonnellOct 28, 2020 · 5 years ago
  When you deposit Tether into Celsius, they use it to provide loans to borrowers. The interest paid by borrowers is then distributed to Celsius users as interest on their deposits. So, by depositing Tether into Celsius, you can earn interest on your holdings. It's a great way to make your Tether work for you!
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• Maya balMay 18, 2023 · 3 years ago
  Celsius, a leading cryptocurrency lending platform, offers interest on Tether deposits by utilizing the funds to provide loans to borrowers. This lending activity generates interest, which is then shared with Celsius users who have deposited Tether. It's a transparent and secure way to earn passive income on your Tether holdings. If you're looking to earn interest on your Tether, Celsius is definitely worth considering!
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